1 week Ago By ABMN Staff
Eubel Brady & Suttman Asset Management Inc. lessened its holdings in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 0.
5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,939 shares of the software giant’s stock after selling 202 shares during the quarter. Microsoft accounts for about 2.
3% of Eubel Brady & Suttman Asset Management Inc.’s holdings, making the stock its 19th biggest position. Eubel Brady & Suttman Asset Management Inc.
’s holdings in Microsoft were worth $17,256,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its position in Microsoft by 2.
0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after buying an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Microsoft by 4.
1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after acquiring an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc.
grew its holdings in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc.
now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after acquiring an additional 652,493 shares during the period. Franklin Resources Inc. increased its stake in Microsoft by 1.
1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock valued at $16,104,959,000 after purchasing an additional 406,940 shares in the last quarter.
Finally, Fisher Asset Management LLC raised its holdings in Microsoft by 2.3% during the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant’s stock worth $12,007,285,000 after purchasing an additional 636,713 shares during the last quarter.
Institutional investors and hedge funds own 71.13% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts have weighed in on the company.
Morgan Stanley lowered their target price on Microsoft from $530.00 to $472.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th.
BMO Capital Markets dropped their target price on shares of Microsoft from $490.00 to $470.00 and set an “outperform” rating for the company in a report on Wednesday, April 16th.
Barclays reduced their price target on shares of Microsoft from $475.00 to $430.00 and set an “overweight” rating on the stock in a report on Monday, April 21st.
Stifel Nicolaus dropped their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday, March 7th.
Finally, Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Wednesday. Five research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $493.
89. Microsoft Trading Up 1.2 % NASDAQ:MSFT opened at $391.
85 on Friday. Microsoft Co. has a 12 month low of $344.
79 and a 12 month high of $468.35. The business’s 50-day moving average is $384.
93 and its two-hundred day moving average is $411.39. The company has a debt-to-equity ratio of 0.
13, a current ratio of 1.35 and a quick ratio of 1.34.
The firm has a market capitalization of $2.91 trillion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 2.
21 and a beta of 1.00. Microsoft ( NASDAQ:MSFT – Get Free Report ) last released its quarterly earnings results on Wednesday, January 29th.
The software giant reported $3.23 EPS for the quarter, topping the consensus estimate of $3.15 by $0.
08. Microsoft had a return on equity of 33.36% and a net margin of 35.
43%. During the same quarter last year, the firm posted $2.93 EPS.
Research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.
Microsoft Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend.
The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.
85%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.
Microsoft Profile ( Free Report ) Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services. See Also Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Microsoft Co. ( NASDAQ:MSFT – Free Report ). Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.
com's FREE daily email newsletter ..
